NST has moved to all time new highs strong green candle has formed for the week ending. take a short term trade on this big cap gold miner up to $23. you can make about 36% every asset class is already hit saturation point except precious metals and their miners. We dont have free markets but we can still make money.
RRL breakout coz gold is steaming higher like a train. buy a position and hold on till $6 is hit and then exit the trade. GOLD will be the final asset class which will feel the inflation from government spending. all the cheap money has washed its way though the housing market already. saturation point has been reached and now the money will flow into GOLD. ...
ok. so it was Silverlake and then it was RED and now its VAU . The daily chart showing a nice down trend line breakout. I expect VAU to run up to 50 cents again and retest the highs for the year. Gold price in all currencies showing great resilience this year. In previous years every rally was followed by massive selling. The sellers are weak this year. ...
OOO ETF has broken down trend. 2 times in the past the break out of the down trend line resulted in a bounce higher and the same pattern has occurred. The high possibility of escalating war also helps the price of oil and OOO. Reality is the oil is cheaper than in the 80s. a Litre of petrol still costs you less than a can of coca cola.
SBM sitting at bottom of the cycle. It had a massive run in the past decade but has fallen back. Sentiment is low and i Feel all the sellers have been exhausted. Everyone who wants out of SBM is out so expect a short term bounce. Gold price making new highs will help. technically this setup looks strong so next target will be about 50 cents. on the Macro side...
Lynas, got contracts from the pentagon in 2020. share price has risen hard due to sentiment. It has since retraced in a nice falling wedge pattern. expect another run if this wedge formation breaks to the upper side. I think all the insiders have sold since it made it 2020 run.
CBA has run nicely due to cheap money and compulsory super. I expect a 61% retrace back to about $50. History always repeats because human nature remains the same. The game is almost over.
daily chart has a breakout from an inverse h + s pattern. This is a very reliable pattern. Hold on this RRL for a long term period and sell when price hits circa $5.50 Most ASX gold miners are at a breakout level. triangle setups etc.. GOLD will head higher tonight as the CPI data will be released. money supply will always expand. never contract. its a sure thing
ASIA's century. the decline of the empire and imperialism. place your bets now. daily chart shows inverse head and shoulders setup. It can breakout but will it?
NEM now breaking out hard. target is $74 AUD. gold miners have yet to move but spot price of gold has already started accelerating higher. Bonds yields are still negative in real terms. equities are overvalued. BTC is in a bubble. Gold is stability. US empire wants to initiate more Wars. China will be the next to be invaded. They will instigate something...
using the line chart to reduce noise. triangle setup is now in place. 3 times the price has tried to break resistance. lets see how we go this time. US miners will track US gold prices. it made new high this week @ 2080. in the next few months we will find out.
Silver in its 3rd congestion phase. I estimate another 5 years of sideways movement before a giant break out. markets even though manipulated will find their true value in the end. just like the housing market worldwide is centrally planned. Eventually it will crash and burn. while some people hold 5 houses and others rent for life. real wealth comes from...
confirmation of triangle breakout. AUD strength against USD means commodities will move higher including gold. USD weakness probably due to the rise of BRICS. There will be states like Japan willing to destory themselves to buy more US treasuries . They did this in the past with the Plaza accord. I expect the RBA to lower rates soon to keep the AUD around .62 ...
KCN , like other ASX gold miners is forming a nice setup for a breakout triangle setup is looking pretty and shows congestion has been 5 years old. Expect it to crack $3 in the next 12 months. not only to the rising gold price but also KCN share price is being measured in a depreciating currency.
GMD has setup a nice breakout. Just waiting for confirmation with a new high. Triangle breakout has occurred already. 2B market cap is a good size and most mid tier gold miners are about this size. RED and PRU are other gold miners in the same band. Time to start accumulating gold miners are the gold price is due for a major run. Macroeconomic and geopolitical...
Wow, perseus has broken out hard. 2 gaps on the daily chart. But looking at the month chart , it has clearly broken the fibonacci resistance level of 61% -- Target area is now $4. it has been a bumpy ride up but its going to pay off soon. The rich and powerful can control things to an extent but natures laws always balance out things.
Nice chart. break out is confirmed. second level is also confirmed on the breakout. long term build up of going nowhere. now watch how hard this breaks higher.
target is now $28K. the bubble has imploded. HODL to zero. expect a dead cat bounce circa GETTEX:29K Who knows? Maybe the Fed will monetise the debt. all central bankers have passed the rubicon. There is no way back to positive real interest rates.